In this article
Berkshire Hathaway
reported a big decline in its operating earnings for the fourth quarter, due in large part to weakness in the conglomerate’s insurance business.
Earnings from operations totaled $10.2 billion in Q4. That’s down more than 29% from $14.56 billion in the year-earlier period.
This was the final quarter under Warren Buffett as CEO, who announced he was stepping down at the annual shareholders meeting last May. Greg Abel took the reins to start 2026 and vowed in Berkshire’s annual letter accompanying Saturday’s results to continue the culture Buffett built of financial strength and capital discipline. Buffett remains chairman.
